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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Rashid Garuba who wrote (12101)12/10/1999 6:01:00 PM
From: Mike Sawyer  Read Replies (1) of 59879
 
Rashid, I would highly recommend eDreyfus! I started out with SureTurd after years with a full service broker. I quickly found out that cheap trades cost me tons more when the executions were poor. I then switched to NDB and found them to be much much better. But a few months ago I opened an eDreyfus account to try them out...they offered to pay me $75 cash back each month that I do over 5 trades since I have eSignal. Well, my NDB account is all but gone. I have now moved all but a few long term hold stocks over to eDrefus.

I can honestly say that eDreyfus is extremely quick and I often get price improvements. I have found that I can go from the opening login screen and have a stock order input and previewed in less than 45 seconds and my average fill is less than 15 seconds from the time I click the final submit button. And if I have the order screen preloaded and ready to go I can get a trade input and submitted in less than 15 seconds and often get filled within 10 seconds.

My trades show up represented on Level 2 by NITE and I have found that to be a plus since NITE is such a broad market maker with a large book. Maybe that helps me to get filled so quick.

The commission is a flat $15 for market or listed orders and options are $15 plus $1.75 per contract.

You can find out more at edreyfus.com

Cheers!
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